Practice

Practice

A pending VDP application won't stop a CRA tax reassessment

Notably, says Canadian tax accountant and lawyer David Rotfleisch, a voluntary-disclosure application must indeed be voluntary
Profession

What can Canadian accountants expect from François Boileau, the new Taxpayers' Ombudsperson?

In a wide-ranging interview, Boileau discusses the OTO mandate and CRA service
Practice

7 service problems accountants say the CRA could fix for tax preparers

Canadian accountants offer practical advice for "a tax season like no other"
Partner Posts

7 things I did to fix my accounting workflow problem and automate engagements

Jennie Moore of Practice Ignition on changing your mindset to scale your firm
Practice

CRA Remission Guide: Canadian tax lawyer's overview

David Rotfleisch looks at the last resort of taxpayers for relief from tax debt and enforced penalties, including interest, in light of the COVID-19 pandemic
Partner Posts

Moving your practice to year-round recurring revenue

Three strategies for turning the dream into a reality from Josh Lance, CPA
Profession

Long Read: Why the Deloitte Canada – MNP deal makes sense for both firms

Beyond the financial details, both accounting firms are building on recent success
Practice

Tax season off to rocky start at CRA say Canadian accountants

Call centre outsourcing and cybersecurity concern tax professionals
Technology

Receipt Bank passes 1 million users, reinforces commitment to accountants with rebrand to Dext

CEO hails growth fast track, by making accountants "productive, profitable and powerful"
Profession

An Alternative Exit Strategy

Accounting law firms might become a leading alternative exit strategy for legal practitioners and small law firms, explains Stephen Mabey, CPA, CA
Practice

Deducting life insurance costs: Why opportunity may be overlooked

In part two of a two-part series, why paragraph 20(1)(e.2) of the Income Tax Act may be missed, from Dale Barrett and Simon Townsend of Barrett Tax Law
Practice

Deducting life insurance costs: Paragraph 20(1)(e.2) of Income Tax Act explained

In part one of a two-part series, Dale Barrett and Simon Townsend of Barrett Tax Law on the cost of life insurance as a deductible expense
Practice

February 2021 Tax Court update on getting back to business — top ten takeaways

Stevan Novoselac and John Sorensen of Gowling WLG review the February 9 update from the Tax Court of Canada
Practice

Tax preparers and professionals: Here’s what you need to know for the 2021 tax-filing season

Canada Revenue Agency on planning ahead, what’s new for upcoming tax season
Profiles

Obituary: Everett Colby, charismatic Ottawa-area accountant, dies at 57

Accounting career allowed former Chair of CGA Ontario and principal of Colby McGeachy Professional Corporation to indulge his passions
Practice

Canadian tax laws: A review of 2020 and a look ahead to 2021

A comprehensive review of Canadian tax developments in 2020 and outlook for 2021 from experts at Davies Ward Phillips & Vineberg LLP in Montreal and Toronto
Practice

Canadian criminal tax evasion sentencing

A Brampton business owner was one of the few taxpayers to be sentenced in 2020
Practice

TFSA penalty relief: A Canadian tax lawyer's guidance

The CRA acted unreasonably in a recent TFSA overcontribution case
Practice

CRA moves forward with international audits despite continued backlog

Despite the current pandemic, Canada continues to combat international tax evasion, reports Elizabeth Egberts and Laurie Goldbach of BLG
Partner Posts

It’s time to set the bar higher for year-end and tax

Public Accountant Helina Patience on setting your practice up for success
Practice

Are you ready for your CEWS audit?

Anu Nijhawan, Martin Sorensen, and Hennadiy Kutsenko of Bennett Jones LLP on preparing for a CRA CEWS audit
Practice

Tax search warrants per Income Tax Act

In certain circumstances, solicitor-client privilege may be available for accountant-client correspondence
Profession

Ontario in second COVID-19 state of emergency. Tax Court of Canada shuts down again

The last Tax Court decision involved another CRA transfer pricing case: Dow Chemical Canada ULC v. The Queen
Profession

Grant Thornton expands across Canada, adding seven accounting practices

All seven firms are well-established practices in four provinces
Practice

CRA eyeing influencers, video game streamers for unreported taxes

Canadian influencers earn millions and the CRA wants its cut, says tax accountant and lawyer David Rotfleisch